All Mergers and acquisitions articles – Page 44
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NewsGood Food Fund signs up Better Nature and Spare Snacks brands
Better Nature and Spare Snacks join the 12-month programme and will receive business support
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NewsKerry agrees €819m sale of meats and meals business to Pilgrim’s Pride
Kerry Group has agreed to sell its UK and Ireland meats and meals business to Pilgrim’s Pride to focus on its taste and ingredients business
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NewsIssa brothers’ Asda takeover gets final CMA approval
The Competition & Markets Authority has said it accepts undertakings for the acquisition
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NewsUnilever grows DTC empire with Paula’s Choice deal
Unilever has agreed to acquire digital-led skin care brand Paula’s Choice as it continues to widen its exposure to the growing DTC market
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NewsCity Snapshot: Just Eat Takeaway.com ties up £5.8bn Grubhub acquisition
Just Eat Takeaway.com has announced this morning it has finally completed the US$7.3bn (£5.75bn) deal to acquire Grubhub US food delivery rival Grubhub
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NewsCity News: Reckitt shareholders’ relief at sale of Chinese infant formula business
The group will continue to own the Mead Johnson and Enfa brands
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Analysis & FeaturesWhat does the union of Fox’s and Burton’s mean for biscuits?
Following Ferrero’s deal, the third-largest biscuit maker in the UK market has been created. So where does Burton’s fit into its plans?
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NewsLivekindly Continues acquisition drive after snapping up Dutch Weed Burger brand
The deal will allow the Amsterdam-based seaweed burger brand to expand into the UK and other countries
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NewsCity Snapshot: Reckitt Benckiser offloads baby milk business in China for $2.2bn
Reckitt Benckiser has agreed to sell its struggling baby formula business in China to a global investment firm for $2.2bn (£1.6bn). Plus, Tesco and Carrefour call it a day on purchasing alliance; and English sparkling wine producer Gusbourne increases sales thanks to DTC and international shift during Covid.
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NewsFerrero beats rivals to acquire Burton’s Biscuits for £300m
The deal continues the Italian confectionery giant’s expansion into the sweet biscuit category
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NewsRays Ice Cream seeking new owners
Established in 2011, Swindon-based Rays Ice Cream operates from a retail store in the Old Town area of the town
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NewsFerrero swoops to acquire Burton’s Biscuits to add to growing biscuit empire
The acquisition – for an undisclosed price – adds to the Italian confectionery giant’s growing biscuits empire following the takeover of Fox’s in 2020
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NewsRisk Capital kicks off third Gail’s sale process
Bread Holdings, the premium bakery group behind the Gail’s chain, has kicked off a process to find a new buyer as it emerges from the challenges of the pandemic
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NewsFood & drink M&A activity ‘back with a vengeance’ in 2021
Deal activity has roared back “with a vengeance” during 2021 as big fmcg players added in-demand plant-based and DTC brands to their portfolio.
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NewsSeaweed & Co adds advisor to Walgreen Boots COO to its board in equity sale
Mario Patrocollo also took “a small, initial equity stake”, along with future options, in the company.
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NewsSaputo snaps up Scottish vegan cheese brand Sheese
The Cathedral City owner said the deal for Sheese owner Bute Island Foods would ‘expand our footprint in the dairy alternatives space’
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NewsTenacious Labs buys Colorado-based B2B CBD player SZM
Recently launched buy-and-build cannabinoid group Tenacious Labs has made its second acquisition since launch, buying Colorado-based contract manufacturer SZM in a cash-and-shares deal
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NewsCompetition watchdog sets out what Issa brothers must do to clinch Asda deal
The CMA today published the full text of its provisional decision to accept the sell-off of some forecourts as a condition of the Asda takeover
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NewsPE house Exponent signs agreement to acquire Gü Puds
The former owner of Quorn signed an agreement last night to acquire the dessert brand from Noble Foods
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NewsCity News: Analysts react positively to THG/Softbank tie-up
Softbank has provided THG with $730m as part of a $1bn capital raising.